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$2,750,000
22 Days On Site

1512 Fones Road SE
Olympia, WA98501

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
8,169
SqFt
$337
/SqFt
1963
Built
Subdivision:
Olympia
County:
Thurston
Days online/new listing status Today's Date - OriginatingSystemModificationTimestamp + CumulativeDaysOnMarket = CDOM.
Courtesy of NWMLS
Listing courtesy of Josh J. Carlson of Better Properties N. Proctor

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Call Now: 253-268-1714
Is this the home for you? We can help make it yours.
253-268-1714
1512 Fones Road SE1512 Fones Road SE1512 Fones Road SE1512 Fones Road SE
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Great investment property! Own a whole neighborhood. On a private cul-de-sac with 3 duplexes and 3 homes each on individual parcels. 9 total units on 6 parcels. Each property is connected to sewer and public utilities. Just add individual water meters to each and you can sell them separate. Units are in great shape. Multiple new kitchens and interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Many possibilities with property; hold and cash flow or sell each off individually. Property is located in "opportunity zone" with tax benefits, might be an estate planning stategy. Take advantage of this unique opportunity.

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Listing Snapshot
Price 
$2,750,000
Days On Site 
22 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,169 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.3419 Acres
Year Built 
1963
MLS® Number 
2314484
Status 
Active
Property Tax 
$19,644
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Days online/new listing status Today's Date - OriginatingSystemModificationTimestamp + CumulativeDaysOnMarket = CDOM.
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
1.3419
Additional Property Use 
Multi-FamilyResidential
Buyer Agent Compensation 
2.5
Carport 
9
Foundation 
Block
Number Of Stories 
1
Parking Spaces 
20
Property Sub Type 
Multi Family
SqFt Total 
8169
Utilities 
Sewer Connected
Water Source 
Public
Interior Features
Flooring 
Ceramic TileHardwoodLaminateCarpetVinyl
Heating 
ElectricBaseboardForced Air
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Exterior Features
Construction Details 
BrickWood Siding
Fencing 
Full
Lot Features 
Paved
Other Structures 
Outbuilding
Patio And Porch 
Patio
Roof 
Composition
Community Features
Association Amenities 
Storage
Financing Terms Available 
Conventional
MLS Area 
448 - Olympia South
School District 
North Thurston
Schools
School District
North Thurston
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Josh J. Carlson of Better Properties N. Proctor



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on Information submitted to the MLS Grid as of: 2024-10-29 05:00 PM PDT

Neighborhood & Commute
Source: Walkscore
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